Here’s Why You Should Invest in Prologis (PLD)

Third Avenue Management, an investment management company based in New York City, released its “Third Avenue Real Estate Value Fund” second quarter 2024 investor letter. A copy of the letter can be downloaded here. In the calendar year’s first half, the fund returned -1.66% (after fees) versus -3.17% (before fees) for the Fund’s most relevant benchmark, the FTSE EPRA NAREIT Developed Index. The Fund reported an annualized return of +8.40% (after fees) since its inception more than...